Auto Industry
Reuters
Oct 27, 2022, 1:42 PM
The Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.
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Reuters | Oct 27, 2022Tesla Investors To Focus On Demand Issues In Earnings ReportDecades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.2 mins read
Reuters | Oct 27, 2022Oil Prices Settle Lower On U.S. Supply, Lower China DemandBrent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday2 mins read
Reuters | Oct 27, 2022Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating VolkswagenAs per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.1 min read
Reuters | Oct 27, 2022Stellantis Eyeing Two More North American Battery Plants By 2030The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.1 min read
Reuters | Oct 27, 2022BYD Flags Huge Quarterly Profit Jump As China Sales Surge Past TeslaBYD's combined sales of pure electric and hybrid plug-in vehicles increased 250% in the first nine months to 1.2 million units.2 mins read
Reuters | Oct 27, 2022E-Bus Deal Puts Oslo On Track For Zero-Emissions Public Transport GoalThe transport push entails replacing its diesel-fuelled buses with 450 electric ones, under a 500 million crown ($47 million) programme1 min read
Reuters | Oct 27, 2022Indian Car Makers Propose Tax Cut On Imports In Trade Deal With BritainIndian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain.3 mins read
Reuters | Oct 27, 2022Amazon Abandons Live Tests Of Scout Home Delivery RobotAmazon set to stop live tests of its automated delivery robot "Amazon Scout".1 min read
